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Howard Lindzon
@howardlindzon
·
Mar 20, 2023
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Great thread on SVB demise …slowly and than suddenly
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Mar 19, 2023
1/ SVB's decline started with a 'slow motion' bank run in 2022, management missteps, and a botched equity raise led by Goldman Sachs. There are many lessons beyond duration mismatch. There's also fallout for $GS: potentially locked out of bank cap
by
Ram Ahluwalia, crypto CFA
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https://www.upcarta.com/posts/61679
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